Chinese Concept Stocks | XPeng to Launch X9 Super EV in Q4 Amid Nasdaq China Index Dip

On August 8th (Friday), Eastern Time, the three major U.S. stock indices collectively closed higher, with the S&P 500 index rising by 0.78%, closing at 6389.45 points; the Dow Jones index rising by 0.47%, closing at 44175.61 points; and the Nasdaq index rising by 0.98%, closing at 21450.02 points.

On August 8th, the Nasdaq Golden Dragon China Index fell by 0.26%.

Among popular Chinese stocks, NIO rose 3.53%, XPeng Motors rose 3.03%, Pinduoduo rose 0.06%, NetEase fell 1.76%, Bilibili fell 1.04%, JD.com fell 0.82%, Alibaba fell 0.50%, TSMC fell 0.30%, and Baidu fell 0.13%.

Gaotu rose by 0.55% over a period of 7 consecutive days, with a cumulative increase of 5.48%. Zhongchi Chefu rose by 1.48% over 7 consecutive days, with a cumulative increase of 5.30%. Waterdrop rose by 4.02% over 6 consecutive days, with a cumulative increase of 12.42%. Ucloudlink rose by 17.13% over 6 consecutive days, with a cumulative increase of 40.78%. LightInTheBox rose by 0.34% over 6 consecutive days, with a cumulative increase of 11.76%.

Microvast Holdings fell by 0.85% over 9 consecutive days, with a cumulative decrease of 16.90%. Jiayou International fell by 0.92% over 8 consecutive days, with a cumulative decrease of 18.00%. Keystar Technology fell by 10.05% over 8 consecutive days, with a cumulative decrease of 36.33%. Antelope Enterprise Holdings fell by 11.39% over 5 consecutive days, with a cumulative decrease of 38.51%. ACM Research fell by 1.36% over 4 consecutive days, with a cumulative decrease of 22.12%. GreenTree Hospitality fell by 2.48% over 4 consecutive days, with a cumulative decrease of 5.38%. The9 Limited fell by 0.58% over 4 consecutive days, with a cumulative decrease of 3.60%. Pop Culture Group fell by 7.78% over 4 consecutive days, with a cumulative decrease of 34.74%. Eason Xin fell by 9.72% over 4 consecutive days, with a cumulative decrease of 18.11%. Kuke Music fell by 0.49% over 4 consecutive days, with a cumulative decrease of 14.71%. TuanChe Limited fell by 3.21% over 4 consecutive days, with a cumulative decrease of 8.26%. SOS Limited fell by 6.97% over 4 consecutive days, with a cumulative decrease of 16.85%. Puhua Biotech fell by 5.10% over 4 consecutive days, with a cumulative decrease of 21.30%. Enjoy Holdings fell by 30.97% over 4 consecutive days, with a cumulative decrease of 36.51%. Fucheng Financial Technology Group fell by 5.50% over 4 consecutive days, with a cumulative decrease of 13.30%. Energy Chain Zhidi fell by 2.69% over 4 consecutive days, with a cumulative decrease of 31.76%.

He Xiaopeng: XPeng X9 Super Electric Vehicle to be Launched in Fourth Quarter
XPeng Motors Chairman He Xiaopeng posted on Weibo stating that the Ministry of Industry and Information Technology's official website has announced XPeng's first super electric vehicle model, XPeng X9, which will be officially launched in the fourth quarter.

TSMC July Sales Reach 323.17 Billion TWD
TSMC's July sales reached 323.17 billion TWD, a year-on-year increase of 25.8%.

Midday Announcement on August 8th: Huitongda Network Partners with Alibaba Cloud to Explore AI Application Scenarios
Huitongda Network announced that on August 8, 2025, it signed a comprehensive cooperation agreement with Alibaba Cloud. The two parties will integrate resources and complement each other's strengths to explore innovations and application prospects of artificial intelligence and digital solutions. They will deepen collaborative efforts in cloud computing, AI, and digitalization in lower-tier markets. The group will integrate the Tongyi Qianwen large model with its deep experience in the retail industry to enhance the intelligence of the S2b2c supply chain service capabilities, building marketing and intelligent sales capabilities in lower-tier markets. Alibaba Cloud will provide exclusive cloud computing resources for the group, ensuring high availability and elastic scalability of the group's business, aiding in the training and inference of AI large models, and rapidly iterating industry models.